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Where is Manufacturing Tech Headed in 2021?

Manufacturing technology is constantly changing, both in terms of the types of products produced and the ways those products are made. As we ease into 2021, here are some interesting trends I’ve heard about.

Cottonwood Expands Into Industrial Financing

Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.

AI Enters Inspections

An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.

A Playbook for Manufacturers Fighting COVID-19

When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.

2021: The Year of the Connected Worker

In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.

Pandemic Adaptive Supply Chains: A Future-Proof Approach

COVID-19 vividly underscores the vulnerability of global manufacturing operations and supply chains. The disruption in our supply chains will hamper manufacturing for months and perhaps years. As we reopen and rebuild our economy, we must focus on sustainable manufacturing operations that are pandemic adaptive, resilient, and secure.

Contain the Risks of Obsolete Engineering Information

Engineering information is both pervasive and essential within manufacturing plants. And, it changes constantly as a result of maintenance-related adjustments, alterations in plant processes, or the swap-out of components.

How to Apply Principles of Lean Thinking to the Manufacturing Process

In manufacturing, the most efficient process is destined to come out on top. Efficiency is the highest priority. Toyota revolutionized the standards of efficient manufacturing by applying the principles of what is now known as lean thinking, a term coined by Daniel T. Jones and James P. Womack who have studied Toyota’s rise in-depth.

Making Parts at Home Leads to Company Job

Craig Guth has been using an ACU-RITE MILLPWR control in his home shop to make custom motorcycle parts, and he is still using that same unit today. Not only that, but his love of machining secured him a full-time job in 2003 at The Toro Company headquarters in Bloomington, Minn.